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How to Finance an Apartment Building – Budgeting Money – Owning an apartment building is a high-maintenance undertaking that can be even more complicated without appropriate financing. To finance your apartment building, you need to find the right lender to obtain a commercial loan. Unlike conventional mortgages, commercial loans vary wildly in rates, terms, fees and overall structure.
Fannie Mae Multifamily Business Homepage – Fannie Mae is the leading provider of financing for multifamily properties. We work with a national network of DUS lenders to finance apartment buildings and cooperatives. Visit often for industry news, expert insight, and resources that make it easier to do business with us.
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Finding a multifamily loan for an apartment building can be accomplished with a fannie mae loan including apartments, student housing, affordable housing, and assisted living. However, qualifying can be challenging as Fannie Mae requires very experienced borrowers with strong financial histories.
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